Gross Sales Value definition

Gross Sales Value means the total revenue received by Licensee or its Sub-Licensees from any and all sales of a Product.

Gross Sales Value means the sale value receivable ) at the point of sale for the mineral disposal in an arms- length transaction without discounts, commissions or

Gross Sales Value. The total revenue received by Nuvilex or its Sub-licensees from any and all sales of the Products.

Examples of Gross Sales Value in a sentence

• The Gross Sales Value shall then be divided by the tons of ore processed in that production of mineral and/or mineral products sold - to determine the Gross Sales Value per ton.

• If sales should occur within a company, then prices as published by the Engineering and Mining Journal in the “E” and “MJ” Markets section, or other mutually agreed upon prices shall prevail for determining Gross Sales Value.

• If sales should occur within a company, then prices as published by the Engineering and Mining Journal in the "E" and "MJ" Markets section, or other mutually agreed upon prices shall prevail for determining Gross Sales Value.

• Provided that the selected Selling Agent shall have to replenish the advance Minimum Guaranteed Revenue and the State’s share of the Gross Sales Value within 30 (thirty) calendar days of adjustment failing which penal interest @ SBI base rate plus 7 percent shall be recovered from the Security Deposit for the period of delay beyond 30 calendar days.

• Each royalty payment shall be accompanied by a statement setting forth the number and the type of Products sold and the aggregate gross invoiced price and the calculation of Gross Sales Value, by country if other than the United States, of each sale invoiced during the relevant calendar quarter, including foreign exchange calculation(s).

• Twenty percent (20%) of the amount actually received by Nuvilex from Sub-licensees on Sub-licensees' Gross Sales Value.

• Each royalty payment shall be accompanied by a statement stating the number and the type of Products sold and the aggregate gross invoiced price and the calculation of Gross Sales Value, by country if other than the United States, of each sale invoiced during the relevant calendar quarter, including foreign exchange calculation(s).

• Twenty percent (20%) of the amount received by Licensee from Sub-Licensees on Sub-Licensees' Gross Sales Value.

• Column J* Gross Sales Value Report the actual revenue received (in dollars) by the lessee for the commodity sale.

• Oncoscience shall send to CIMYM at the same time as each royalty payment is made in accordance with Clause 7.3 a statement setting out, in respect of each country in which Licensed Product is sold, the types of Licensed Product sold, the quantity of each type sold, and the total Gross Sales Value and Net Sales Value, in respect of each type, expressed both in local currency and US dollars and showing the conversion rates used, during the period to which the royalty payment relates.

More Definitions of Gross Sales Value

Gross Sales Value means gross sales value as described in section 5(1);

Gross Sales Value means the amount described in section 7;

Gross Sales Value means the gross invoice price of the applicable Goods as translated into U.S. Dollars using an average monthly exchange rate based upon the exchange rate as listed in the Wall Street Journal. Licensee shall be required to pay certain minimum royalties for each Contract Year as set forth on Exhibit F. Such Royalties shall be non-refundable and paid in accordance with the minimum royalty payment schedule set forth on EXHIBIT F. If the Royalties payable to Licensor for any Contract Quarter pursuant to Section 5.4 exceed the Minimum Royalty for the period as set forth on EXHIBIT F, Licensee shall pay to Licensor the difference between the Royalties actually payable for the Contract Quarter and the Minimum Royalty for the period, upon delivery of the quarterly report delivered pursuant to SECTION 5.5 for the Contract Quarter of the Contract Year. If Licensee does not pay any particular minimum or other Royalty when due, Licensor shall have the right to terminate this Agreement pursuant to SECTION 10.2.

Gross Sales Value means the gross invoice price of the applicable Goods, as translated into U.S. Dollars using an average monthly exchange rate based upon the exchange rate as listed in the Wall Street Journal. Licensee shall be required to pay certain minimum royalties for each Contract Year as set forth on Exhibit F. Such Royalties shall be non-refundable and paid in accordance with the minimum royalty payment schedule set forth on Exhibit G. If the Royalties paid to Licensor for any payment period do not equal or exceed the minimum Royalty for the period as set forth on Exhibit G, Licensee shall pay to Licensor as Royalties the difference between the Royalties actually paid for the period and the minimum Royalty for the period, upon delivery of the quarterly report delivered pursuant to Section

Gross Sales Value the invoiced sales value of the Products in arm's length transactions exclusively for money after deduction of any credits actually given by the Licensee for returned or defective goods and excluding or making proper deductions for any costs of packing, insurance, carriage and freight and sales tax and, in the case of export orders, any import duties or similar applicable governmental levies or export insurance costs subject in all cases to the same being separately charged on customer invoices. In any sale or other disposal of any Products or part thereof otherwise than in an arm's length transaction exclusively for money, the fair market price (if higher) in the relevant country of disposal shall be substituted for the Gross Sales Value.